Boys & Girls Clubs Of Palm Beach County Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,577,728 | 89,933 | 5,487,795 | 2112.0 | 0% |
| 2021 | 2,804,775 | 82,892 | 2,721,883 | 2847.4 | 0% |
| 2022 | 14,553,440 | 276,279 | 14,277,161 | 1291.9 | 0% |
| 2023 | 19,799,469 | 436,653 | 19,362,816 | 1263.4 | 0% |
In its most recent public year (2023), this organization brought in $19,362,816 more than it spent. Its reserves stood at about 1263.4 months of spending, down from 2112 in 2020. Staff pay was 0% of spending. $28,273,967 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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